Wall Street analysts predict that ANNALY Cap Mgmt/SH (NYSE:NLY) will post earnings per share of $0.29 for the current quarter, Zacks reports. Zero analysts have made estimates for ANNALY Cap Mgmt/SH’s earnings. The highest EPS estimate is $0.30 and the lowest is $0.29. ANNALY Cap Mgmt/SH reported earnings per share of $0.30 in the same quarter last year, which indicates a negative year-over-year growth rate of 3.3%. The company is expected to issue its next earnings report on Wednesday, November 7th.

According to Zacks, analysts expect that ANNALY Cap Mgmt/SH will report full year earnings of $1.19 per share for the current financial year, with EPS estimates ranging from $1.18 to $1.20. For the next financial year, analysts forecast that the firm will post earnings of $1.18 per share, with EPS estimates ranging from $1.12 to $1.23. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side research firms that that provide coverage for ANNALY Cap Mgmt/SH.

ANNALY Cap Mgmt/SH (NYSE:NLY) last issued its quarterly earnings results on Wednesday, August 1st. The real estate investment trust reported $0.30 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.29 by $0.01. The firm had revenue of $334.11 million during the quarter, compared to the consensus estimate of $330.95 million. ANNALY Cap Mgmt/SH had a return on equity of 12.10% and a net margin of 112.29%. During the same quarter last year, the company posted $0.30 EPS.

A number of analysts have recently issued reports on NLY shares. Zacks Investment Research downgraded ANNALY Cap Mgmt/SH from a “hold” rating to a “sell” rating in a research report on Tuesday, July 24th. JPMorgan Chase & Co. dropped their price target on ANNALY Cap Mgmt/SH from $10.50 to $10.00 and set a “neutral” rating for the company in a research report on Tuesday, May 22nd. ValuEngine downgraded ANNALY Cap Mgmt/SH from a “hold” rating to a “sell” rating in a research report on Saturday, June 2nd. Finally, Deutsche Bank dropped their price target on ANNALY Cap Mgmt/SH from $11.00 to $10.00 and set a “hold” rating for the company in a research report on Thursday, May 3rd. Two research analysts have rated the stock with a sell rating and four have given a hold rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $11.50.

Shares of NLY traded down $0.04 during trading hours on Friday, reaching $10.42. 9,880,148 shares of the company’s stock traded hands, compared to its average volume of 8,921,944. The company has a market cap of $12.20 billion, a PE ratio of 8.54 and a beta of 0.11. The company has a current ratio of 0.02, a quick ratio of 0.02 and a debt-to-equity ratio of 0.23. ANNALY Cap Mgmt/SH has a 12 month low of $9.94 and a 12 month high of $12.58.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 31st. Stockholders of record on Friday, June 29th were given a dividend of $0.30 per share. The ex-dividend date was Thursday, June 28th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 11.52%. ANNALY Cap Mgmt/SH’s dividend payout ratio (DPR) is presently 98.36%.

A number of large investors have recently added to or reduced their stakes in NLY. TCI Wealth Advisors Inc. lifted its position in ANNALY Cap Mgmt/SH by 165.5% in the 1st quarter. TCI Wealth Advisors Inc. now owns 9,626 shares of the real estate investment trust’s stock worth $100,000 after buying an additional 6,000 shares during the last quarter. Mycio Wealth Partners LLC bought a new stake in ANNALY Cap Mgmt/SH in the 2nd quarter worth approximately $103,000. Summit Securities Group LLC bought a new stake in ANNALY Cap Mgmt/SH in the 1st quarter worth approximately $107,000. FormulaFolio Investments LLC bought a new stake in ANNALY Cap Mgmt/SH in the 2nd quarter worth approximately $107,000. Finally, O Dell Group LLC bought a new stake in ANNALY Cap Mgmt/SH in the 2nd quarter worth approximately $107,000. Institutional investors own 56.78% of the company’s stock.

ANNALY Cap Mgmt/SH Company Profile

Annaly Capital Management, Inc, a diversified capital manager, invests in and finances residential and commercial assets. The company invests in various types of agency mortgage-backed securities, non-agency residential mortgage assets, and residential mortgage loans; and originates and invests in commercial mortgage loans, securities, and other commercial real estate investments.

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